Posted on 03/15/2016 5:58:25 AM PDT by tatown
You are arguing for a more robust GDP. That is fine, we need that. But tariffs will NEVER get you there. Government is not the friend but the enemy of a robust market economy and a growing GDP. Tariffs (more taxes) hamper GDP and utterly fail to address the underlying causes of businesses fleeing America because of the high cost of doing business here, the solutions to which I’ve explained.
Partly true, and therefore misleading. What you fail to add to the equation is that goods are not only bought and sold, but PRODUCED.
WHERE they are produced makes a huge difference. I say that as a resident of Washington State, with domestic and international exporters such as Microsoft and Boeing.
OF COURSE it matters where the dollars go. Just ask those who receive the paychecks.
Always get chuckle reading that force business as if consumers at every level are denied free will in the matter of buying or not buying. Free market allows for enterprising domestic people to see a market opening to won over the dissatisfied consumer with better prices and maybe even better quality.
Tiny, little resource poor Hong Kong did it and became an economic powerhouse. Why? Lack of government interference in their market economy and on sales or income tax.
So “trade deficit” per se is a red herring.
But robust growth in our GDP is not a red herring - we need growth in GDP. But tariffs will NEVER get you there. Government is not the friend but the enemy of a robust market economy and a growing GDP. Tariffs (more taxes) hamper GDP and utterly fail to address the underlying causes of businesses fleeing America because of the high cost of doing business here, the solutions to which I’ve explained.
Hope so! Did my part by voting for Trump in IL.
Some jackass who’d just drawn a Democrat ballot was joking with his buddy who asked for a Republican one about being a “Trump lover” and I was close to suggesting he shut his yap when one of the grayhair election judges gave him a big librarian “Shssssh!”, and he clammed up like his jaws were spring-loaded.
Most people (and especially economists and other liberals) fail to understand is that having the US as a market, an economy and a nation makes today’s world possible.
Excuse me, but tariffs are a tax and DO force higher prices on incoming goods. If an importer is offering the best quality for the lowest price and government forces higher prices on those goods, then the government, as usual, has narrowed the best choices available to the consumer.
Tarriffs do not hamper the GDP....
Let me ask you something... have you ever heard of Harley Davidson?
DO you know why they have been successful? Have a single clue?
Tarriffs. The large tarriffs placed on large engine motorcycles in 1983, by none other than Reagan himself, has allowed a company that would be dead by now to be what it is.
http://www.nytimes.com/1983/04/02/business/us-raises-tariff-for-motorcycles.html
When you have nation states dumping, and that do not have remotely a fair or comparable social or economic structure trading with nations that do, you foster the export of wealth and the destruction of the middle class.
If there has been a failure, a demonstrable failure of the US post WWII it has been its abject failure to utilize Trade to lift up the rest of the world, and the biggest reason FREE TRADE!
Had rational and smart bilateral trade agreements been made that required incremental improvements by developing countries that wished access to our markets then the US and Western Europe could have literally help lift a good bit of the world out of poverty and oppression.. instead they embraced a completely idiotic multilateral free trade system that allowed anyone access with little to no requirements on those states.
Free Trade as executed in the latter part of the 20th century is a net destructive force on western civilization as a whole. Its shameful and indefensible, socially, economically and morally.
Awesome!
The more they run their mouths, the more desperation they show
Trump uses it as a negotiating chip. Cruz’s tax plan calls for a tax on imports and he said it about 3 times in the debate. What’s the difference? Cruz is outright calling for it as a part of tax policy while Trump is using it as a negotiating tool
It’s interesting watching Cruz and his Cruzies operate. Cruz dumps a bucket of slime on Trump in the MSM for mainstream consumption. Then his “conservative” fixers follow behind insisting he didn’t say what he actually said. They are dogged in this. Alinskyite even. They will never, ever admit that Cruz was wrong. On any subject. If that isn’t a cult, nothing is.
It’s not what was said before the “but” that concerns me; it’s what was said after.
“I voted Trump!”
Excellent
thansk for the thread.
Running out of GOP ballots in Apopka, FL. Blue collar area. That’s Trump country, IMO. Good sign.
http://www.clickorlando.com/news/politics/technical-issues-plague-orange-county-polling-places
You have a smart wife.
First of all, tariffs DO hamper GDP. Tariffs on anything purchased with a tariff attached and used to offer other products or services has just artificially increased the cost and therefore prices of those goods. Also the money that would have gone back into the economy has just been wasted by going instead to the federal government.
“Free Trade as executed in the latter part of the 20th century” is an oxymoron. Government has so unconstitutionally and radically inserted itself into our economy that it has little resemblance to a free market.
Marco Rubio said he has acted childishly while fighting with Donald Trump He said he felt embarrassed by his behavior and apologized to his wife, children and younger supporters at a rally in West Palm Beach, Florida Rubio's rally was his last stop on Monday and could be his last stop on the campaign trailSounds like an OPUS to me.
Could be but that call will be made by his handlers (GOPe) and not him.
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